YRC Worldwide Inc. 4
4 · YRC Worldwide Inc. · Filed Mar 12, 2014
Insider Transaction Report
Form 4
Gast Steven D.
President-New Penn Motor Exp.
Transactions
- Tax Payment
Common Stock
2014-03-10$24.53/sh−763$18,716→ 18,237 total - Sale
Common Stock
2014-03-11$24.60/sh−1,737$42,731→ 16,500 total
Footnotes (2)
- [F1]On March 4, 2014, 2,500 restricted shares of Mr. Gast's newly-granted Company stock vested. On March 10, 2014, Mr. Gast automatically surrendered 763 of the 2,500 newly-vested shares to the Company to satisfy the tax withholding obligation triggered upon the March 4th vesting. The automatic surrender of newly-vested shares is the Company's default process for paying tax withholding obligations triggered upon the vesting of restricted stock.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.59 to $24.6280, inclusive. The Reporting Person undertakes to provide to YRC Worldwide Inc., any security holder of YRC Worldwide Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth.